The Register: Linux distributor Caldera delays IPOSep 29, 1999, 15:46 (0 Talkback[s])
(Other stories by Tony Smith)
"Caldera is to follow fellow Linux distributor Red Hat down the IPO trail later rather than sooner. The company's plan to go public will now not take place until next year and not next month after all..."
"The reason for the decision appears to be advice from Caldera's underwriters, who reckon that hi-tech stocks aren't as popular right now as they have been of late largely as investors are beginning to realise they're more than a little overvalued..."
"The telling part of Red Hat's most recent results is that the bulk of the company's revenue continues to come from product sales. Clearly people would rather pay Red Hat, Caldera and co. for complete Linux distributions rather than download and compile them themselves, so Linux can perhaps no longer be seen as an entirely free OS. If that's the case, Caldera can perhaps start to push up the price of its Linux distribution to the point where it costs around $99 -- the same as other, more mainstream OSes like Windows and MacOS."
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